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, state police, patrols or staffing at nursing and veterans homes. it affects roads, it's a big hassle for campers, they've got to leave state parks on this fourth of july weekend. >>> and the nba's collective bargaining agreement ran out. making it the second major sports organization to lead a lockout. the league said lost $300 million last season. so owners want to reduce players' salaries. the sides are so far apart on this that industry insiders say the entire 2011-2012 season is in jeopardy. i'll have more with "sports illustrated" later on in the show. >>> prosecutors in the casey anthony trial can call rebuttal witnesses after the defense rested without put herring on the stand. cnn has obtained home video of anthony as a young girl in 1991. here she is as a friend's birthday party. >> happy birthday, my name is casey. >> what do you think, casey, i didn't get you. >> happy birthday. happy birthday, my name's casey. >> the woman who claims she had an affair with casey's father was on the stand yesterday. here's what she says, george anthony, the father told her about caylee ant
minutes that window was big enough and right in time for the shuttle to take off today. >> chad, same kind of rules apply, weather standards for the landing that's coming in 12 days? >> a little bit even -- i would say a little bit more conditional on the rain factor because it's a bigger circle. right now all we had to do was shoot this thing straight up. when we land this thing it has to be very dry. you can't have showers around it. think of a dry day in florida in the summertime. you have to go up edwards, one time to white sands but you cannot fly the shuttle because it's screaming hot. thousands of degrees, you can't bly that through a rain shower. the criteria more tense, harder to get through to land this thing back here at kennedy, but they have a big time -- they're going to have a big-time party when this thing finally does come back here. >> chad myers, appreciate that breakdown. good to see you, as always. thanks to our john zarrella. eight minutes past the hour. >>> sound effect is the u.s. labor market sputtering to a virtual standstill. as you know by now, the economy added
shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hotel bids to find where you n save up to 60% on hotels. * we'll even email you other people's winning bids, so you'll know what price to name. *á with new hotel bid alerts, from priceline. >>> welcome backing to "american morning." all enemies of india possible suspect this morning after three bomb blasts rocked the country's largest city during rush hour yesterday. 18 people were killed. that's down from 21. and now yesterday, 131 are wounded. officials say these attacks were coordinated by terrorists. but there have been no arrests. india is denying that they were -- missed any warning signs. >> the fac
. they do, however, believe she's no longer in central florida. when she left the jail, you saw the big crowds there. there were people yelling "killer" in that crowd as she got into the suv and left. there is a great deal of emotion still unresolved around this case. we saw a lot of people getting together who were doing something peaceful with those emotions over the weekend. they went to the site where caylee anthony's body was discovered and held a march from that site to the anthony home. all to remember the child whose death started all of this. it was a very solemn occasion. a lot of people walking in the street. at one point it was reported there were cars lined up on the road about a half mile long of people just parking on the roadside going into those woods where her body was discovered to go to that spot and remember that little girl. again, a great deal of emotion. people trying to process all of this on their own. but casey anthony at the moment is still staying out of the public eye even though she has a lot of legal entanglements she will still have to address in the mon
're going to start with the big event in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question will we see any progress this weekend. this as president obama warns that failure to take action could lead to serious financial fallout. >> we don't need a constitutional amendment to do our jobs. the constitution already tells us to do our jobs. we don't need more studies. we don't need more a balanced budget amendment. we simply need to make these tough choices and be willing to take on our bases. >> the republicans say they have a new long-term fix. a new amendment to the u.s. constitution. let's go straight to aaron mcpike. an issue of what is at stake today. a reporter with real clear pricks. what is this budget amendment? before we get to that, i want to show people what is at stake in terms of the numbers. $23 billion in social security payments. that's a payment that's on the united states' credit card bill. $87 billion that's another number that's being watched. august 15th also will come due $30 billion in interest paym
. these are big proximate but we're a big country and we'll solve it. >> reporter: now, the main issue he's going to have to teal with is why he decided to hire andy colson who was later arrested as part of the investigation into the phone hacking. this is something that was brought up yesterday in the hearings and it turns out that his chief of staff actually warned the british police not to brief the prime minister on these phone hacking issues. lawmakers today are clearly going to try to get to the bottom of this as you can imagine from the opposition labor party. >> david cameron said he didn't know about this either. thanks so much. >> it's going to be hard to top the intensity of what happened yesterday. the theater of yesterday's phone hacking hearings. two hours after telling parliament it was the most hufble day of his life, rupert murdoch took a pie in the face. a 26-year-old man armed with a pie full of shaving cream nails rupert murdoch from behind saying you greedy billionaire and it didn't take long for murdoch's wife there, leapt to her husband's defense. she tried to clock the guy
government shut down. i never thought that was possible." the big lesson for minnesota is the unthinkable is possible. you have a tendency to think in these sorts of situations it's just a game of chicken, there will be a resolution, the debt ceiling will be lifted, but sometimes a game of chicken ends in a car crash. the last thing that republicans walked out of in terms of trying to avert this car crash was a meeting president obama convened yesterday in washington. you may remember mr. obama told everyone to dress casually because they were going to be there for a long time, right? that's why we have the pictures where they look vaguely, slightly, iranian, because they are not wearing ties. women look the same they always do, but the mens, aimadinijad. john boehnor told reporters he could not support any big deal the president wanted period. so in the end, their long day of sweaty, tieless negotiations only lasted an hour and 15 minutes, then they went home. the unemployment crisis, but that is not what they are having crisis negotiations about in washington, but they are having crisis
a moment ago, l.a. is gearing up for gridlock. you might be thinking, well, what's the big deal? it's l.a. they are used to gridlock on their highways. but this is different. they are calling it carmageddon, and it's set to begin soon. but first, let me give you a update on where we are with the debt negotiations going on in washington, d.c. at 4:15, that's a little more this an hour from now, the talks are set to resume right there at the white house. now, it was this time yesterday we told you that these talks were getting a bit testy. the two sides, why not be getting testy, are under pressure of an august 2nd deadline to get a deal to raise the debt ceiling or risk a u.s. government default on its bills. well, last evening we are told things became even more testy, extremely heated. we'll get to more on that in just a moment, but first an extremely urgent call within the past half hour from the treasury secretary himself. take a listen. >> the eyes of the country are on us, and the eyes of the world are on us, and we need to make sure we stand together and send a definitive signal t
the arrest of rebekah brooks. she's out on bail right now, but her arrest over the weekend a big surprise. >> reporter: yeah. i mean, she was -- the length that she was detained for was incredible as well. 12 hours she spent -- more than 12 hours in a police station in london answering questions, and she wasle only released around midnight last night local time. so that was a huge development in this. she's out on police bail now, but that doesn't mean she's excused from appearing before a committee of mps tomorrow london time. she's still going to turn up and be careful about what she says, and the politicians are going to have to be careful about what they ask her as well. there could be a trial down the track if she's charged, and therefore they're going to make sure under the rules here that they don't sort of prejudice any forthcoming trial. nevertheless i think she's going to get a pretty tough interrogation at the hands of politicians as will her former bosses rupert and james murdoch who appear now separately from her before the same committee tomorrow afternoon. >> dan, let me as
. the scandal now spanning across the atlantic and claiming its first big victim on this "american morning." >>> and good morning. welcome, everybody. it is friday, july 15th. i'm soledad o'brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. >> thank you. we have a lot to do today. let's get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it's now investigating the claims that one of its tabloids tried to hack 9/11 victims' phones. a report in another british tabloid, "the mirror" quoting a source who says "news of the world," the newspaper which folded under the pressure of the hacking scandal, hired an investigator to try to tap the phones. now lawmakers, law enforcement, and 9/11 families are all demanding the truth. >> susan candiotti following the latest for us on this and breaking, one casualty of the news international, rebekah brooks has resigned. >> the question is, does this mean that the walls are crumbling at news corp. it's too early to say, bulls this is a crack in the wa
the economy still in big trouble. look at this. a slowdown in hire anything june pushing the unemployment rate now to 9.2%. only 18,000 net new jobs were added to the work force last month. at least 250,000 jobs are needed per month to drive the unemployment rate down significantly. and get this, since president obama took office we've seen the economy lose two and a half million jobs. president obama assuring americans there is a reason the numbers are so disappointing. listen to this. >> the sooner that the markets know that the debt limit ceiling will have been raised and that we have a serious plan to deal with our debt and deficit, the sooner that we give our businesses the certainty that they will need in order to make additional investments to grow and hire, and we'll provide more confidence to the rest of the world as well so that they are committed to investing in america. >> molly henneberg live for us at the white house with more on the president's reaction. molly? >> hi, gretchen. clearly not the type of monthly jobs report any president wants to see. unemployment up for the third
point. that's not a big deal. a lot of that is tied to greece and not what's happening in washington, is it not? >> reporter: let's put this into perspective. broadly speaking you could say the following. if there is no deal on this debt problem by that deadline in early august, if there is no deal you will probably see the stock market retreat big time. if surprise surprise there is a deal, and the debt ceiling is raids and we borrow some more money and we don't default, you can expect stocks to go straight up. that's the situation we are in. what i'm saying is you are going to see an awful lot of up and down with your money hour by hour. that's the way this week is going to be. bill: stuart varney. u.s. secretary of state hillary clinton is saying she is sure a debt deal with be reached. >> i'm confident congress will do the right thing and secure a deal on the debt ceiling. and work with president obama to take the steps necessary to improve our long-term fiscal outlook. bill: no coincidence she made those comments in hong kong. can both side make a deal? senator ron johnson, a ne
a piece of legislation, so stay tuned. bill: we shall. it will be a big deal come next week. jason chaffetz, thank you, out of utah. martha: another day at the office, really. one group of workers, union workers, just sort of, you know, having a joke, a little smoke, booze, at the lunch hour. you know? the same kind of stuff we do around here, bill. one reporter got up close and personal. this is fascinating. bill: they don't have us on camera, though. martha: thank goodness! bill: team usa, world cup final, sunday at 2:00, what a day this was, abby wombach, she's like a superhero. martha: love her. bill: that header put her one up, team usa will play japan for all the marbles. martha: love it. bill: sunday afternoon. go usa! back in a moment. bill: some stories developing in "america's newsroom", there is new violence erupting in pakistan, gunmen in the streets of karachi, opening fire, leaving seven dead and more than two dozen injured. >>> dozens of suspects connected to the mexican mafia in custody after a huge gang raid in california. the mexican mafia, considered the oldest a
of the program in just a little while. >> then a big scare in north carolina's outer banks. a 6-year-old girl attacked by a shark in a foot and a half of water. her mother was just a few feet away. luckily, this little girl survived and we'll be there live in just a little while. plus some important health advice for women. a new recommendation about when and how often you should get a mammogram, but it's confusing. it contradicts another recommendation that came out a year and a half ago. what are women to do? dr. nancy snyderman will be here to help us sort all of it out. >>> let's begin with the dramatic end to the space shuttle program. tom costello is at the kennedy space center. you had a front row seat. what was it like? >> it was a dramatic day and an emotional day for everybody here and it is not over. america's space shuttle program, 30 years ongoing since 1980, '81, actually is how in the history books. "atlantis" came down at 5:57 eastern time, it was its 33rd mission. in all, it's trekked 25 million miles, 327 days in orbit and at 5:57 this morning it came on rest on runway 15. h
events. >> i was in the house and just heard the big explosion. >> when tyrone butler came outside -- >> there was a van, a van. that van was just into a bus and that guy was laying out there. >> the driver of this mercedes caused a three-car accident but police say it started on the 2000 block of liberty avenue. someone shot a man multiple times then took off in the victim's car. police spotted the mercedes then police put out a description of the call. >> we got a call saying that white mercedes had crashed and struck two vehicles, ejecting one man out of his vehicle, a van that was moving. >> the man was rushed to the hospital. he is expected to survive. >> at least two people ran out of the mercedes and tried to ran away. >> police found him in the yard not too far from where we're standing. his leg was broken. >> one suspect was hiding behind a house up against trash next to the porch. so we believe there's one more suspect out there. >> the search continues for that suspect and the charges are pending for the man in custody. >> the suspect in police custody is being treated f
the world cup final. >> big victory to talk about. >> that's it for us. "cnn newsroom" begins right now with kyra phillips. you have a busy morning. >> we do. a lot to talk about. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thanks for joining us. >>> the nation's debt crisis. the clock ticks and pressure builds. the president tells the congressional leaders you have 24 hours or less to make something has been. >>> a top murdoch executive resigns this morning. rebekah brooks former head of the disgraced tabloid "news of the world" is gone. >>> in southern california, drivers buckling up for carmagedd carmageddon. a bridge demolition that will close down 405, one of california's busiest highways. >>> we begin with the resignation of a key executive in the rupert murdoch media empire. rebekah brooks is out. many people were outraged when brooks kept her job after the newspaper was shut down for scandalous reporting tactics. and as brooks steps down, the investigations ramp up. the fbi now investigating the murdoch empire right here in the united states. lawmakers dema
with big business. they break stories on big business is being corrupt. then you have the right of center papers that are obsessed with big corporations -- i mean, with big government. there. it is cool parity i am not for the outing -- the suppression of the adding of corrupt republicans. there is a huge difference. i am totally for all of these republican screwballs to get into trouble getting fired or quit saying today that they get caught, not stretching out for three ludicrous unbelievably weeks. thank you very much, congressman weiner. thank you. i loved every second of it, congressman weiner. especially the hack part. i am the hacker. so we are fighting back. we are entering a phase where objective and neutral journalism is now laughable thing of the fast. it does not exist. i met the people that trotter pretzel themselves into being totally neutral. no one is neutral in the entire world. you have used the cudgel of false neutrality as a means to push the american narrative to the left for the last 40 years. to hell with it. i am sorry that i am being honest and i believe in freedo
is a big question and when we should be jumping to conclusions about. >> giuliani is also a longtime friend of rupert murdoch. >>> now the nation's debt crisis and a new deadline. forget august 2nd. the president says it's decision time now. here is what he told congress. you've got 24 hours or less to move forward on a deal. and then there is this dire message from the big three global credit ratings agencies. if a deal isn't reached soon, they will downgrade the nation's credit standing. the president speaks to the american public today. a news conference less than two hours away from now. 11:00 eastern. we will carry it live. >>> let's get to the white house and dan lothian. what do we expect the president on say come 11:00? >> reporter: well, a senior administration official telling me the president will be explaining to the american people where they really are in this process, what he has asked congressional leaders to do, and how he is still pushing for the biggest deal possible. another white house aide telling me the president will continue in that press conference to make the case
while. >>> a big scare in north carolina's outer banks. a 6-year-old girl attacked by a shark in a foot and a half of water. her mother was just a few feet away. luckily, this little girl survived. we're going to be there live in just a little while. >>> plus, important health advise for women, new recommendation on when and how often you should get a mammogram. it's confusing. it contradicts another recommendation that came out a year and a half ago. what are women to do. dr. nancy schneiderman will be here to sort it out. >>> let's begin with the dramatic end to the shuttle program this morning. tom costello is at the kennedy space center. you had a front row seat, what was it like? >> it was a dramatic and emotional day here. and now it's over. the space shuttle program ongoing for 30 years since '81 is now in the history books. "atlantis" came down at 5:37 eastern time. "atlantis" tracked 307 days in orbit. it came to rest on runway 1-5. the sights and sounds as "atlantis" came in for a landing. >> landing gear down and locked. having fired the imagination of a generation, a ship li
to a default or to a downgrade. suzanne? >> that's a big deal. alison, it's been really hot. really, really hot this summer. what if your favorite drink disappeared from the stores. here's what is happening in minnesota. their budget crisis might actually turn into a beer emergency for some folks. a beer emergency. because the state has shut down and nobody is there to renew the permits and blue moon, you name them, so, you know, that's what they are dealing with there. you might have to switch to buzz wiser. i don't know what you drink. what do you drink? >> i'll go right to the hard stuff. to tequila. >> oh, geez, that's not supposed to be the solution here. go to the hard stuff. we'll see what happens. we will see what happens. but that's just one of the many things that we're looking at when we talk about this economic crisis that is turning into a beer emergency. alison, don't do that hard stuff. >> all right. okay. >>> here's a reminder to vote for the story you'd like to see. you can cast your vote by texting 22360. text 1 for crack down on china, homemade guns flooding on to the streets
. is that realistic at this point. >> well, in terms of getting that big agreement, it looks highly unlikely at this point, but certainly as you pointed out, the president joking that his campaign was built on hope and change. it will be interesting to see if that hope will also win out in this debate. but, look, what the president is pushing for still is the biggest deal possible. he acknowledged, though, that it's hard to do that, but nonetheless, he has been telling congressional lawmakers during negotiations all this week that if they can't get the biggest deal possible to attack the problem of the debt and the deficit over the long term, then they should still be ambitious. >> we are obviously running out of time, and so what i have said to the members of congress is that, you need over the next 24 to 36 hours to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about and show me a plan in terms of what you're doing for deficit and debt reduction. if they show me a serious plan, i am ready to move. even if it requires some
connections between the district attorney's office and strauss-khan's lawyers. and the big thing here, he said regardless of any credibility issues, as richard was just outlining there, his client was raped, pure and simple. and this is graphic stuff. i want to play some sound, richard roth, let's listen together. >> the only defense that dominique strauss-khan is that this sexual encounter was consensual, that is a lie. he grabbed her vagina with so much force that he bruised her vagina. when she went to the hospital later that day, the nurses who examined her saw the bruises on her vagina that were caused by dominique strauss' hand, and they took pictures of the bruises on her vagina, and the district attorney has those pictures. when dominique strauss-khan threw the victim to the floor, he tore a ligament in her shoulder, that is a medical fact. dominique strauss-khan ripped her stockings. there are holes, rips, in her stockings, and the d.a. knows that. when she was on her knees and he was sexually assaulting her, after he finished, she got up and started to run for that door. and started
examined all the pieces of a potential big deal, spending cuts, entitlement reforms, savings from the tax cut and employment insurance. the big deal is his preference but he'd accept a small $2 trillion deal. there's also a proposal by senators harry reid and mitch mcconnell to give the president the authority to extend the debt ceiling through 2012 without the consent. >> he described it as a last ditch effort in case we're unable to do anything else and what may look like something less than optimal today if we're unable to get to an agreement might look pretty good a couple of weeks from now. >> reporter: that fallback agreement is looking more and more likely. sources say that the person who made the most of the argument on wednesday, eric cantor, didn't even open his mouth yesterday in the meeting, and they say that they expect things to move forward, but they don't know how fast. there's no meeting today, but we will hear from the president at a news conference later this morning. >> bill, thanks. we will be carrying that news conference for you here on cbss apart of our special cov
in august. so that has a big trickle-down effect. because now they won't be able to pay their bills. you think about the economy we're in. we're thinking about potentially going into another recession. if they can't pay their bills, it will affect their credit, the interest rates they're already paying, and potentially more fees. and it's going to hurt. >> the president already said. he said in an interview this week, i don't know if those checks, if we'll be able to send those checks out. another group we're talking about here. a couple of groups, government workers and unemployed. >> first with the government workers. we're talking about maybe a potentially 40% cut. this means a lot more furloughs. and keep in mind, we've already got employees that are furloughed right now. you're talking about, it could affect the military workers, any kind of government, federal government workers. we'll see cuts in rail systems, parks closing. different things. and we've been here before and seen this potentially happening. now we're really looking and facing that this could be real. >> you're menti
. and they feel that the democrats have an ideological commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table and if as you say the president could have brought nancy pelosi along -- i agree with you i think he could have -- the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to $1 trillion of tax increases is an awful big deal for a party that all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually end up getting what they wanted and what they wanted never materializes. >> there's a big difference between that and nothing. >> i agree. [ overlapping speakers ] >> so david, wh
, and it does not get any stronger than fdr. were big business interests attacking fdr at the time? you better believe it. they plotted a coup against him. he said i welcome their hatred, but i am coming. he came and did a new deal for this country and the middle- class. we created a middle-class between 1947 and 1977, the income of the bottom fifth group at a higher rate than the top fifth. that seems unimaginable now. look what happened. when you care about the middle- class, and democrats cared about the middle class, they fought for the middle class. fdr did that, and even up to the 1970's, liberals were so strong, they got richard nixon to pass that dpj, to start the epa. can you imagine? you had ralph nader running roughshod in the 1970's. seat belts, osha, the list goes on and on. of all the regulations we did to help real america, why did it change? people say ronald reagan. it was before reagan. supreme court -- two supreme court decisions made all the difference. political speech was a first amendment right. the disaster began there. in 1978, first national bank of boston said that c
the northeast will see a big relief from these hot temperatures back to normal with a high of 82°. texas, still expecting triple digit highs 103 in dallas. raleigh, north carolina still above average high at 95. >> arthel: it stays hot at night, i know here in new york. people who are healthy and strong, they are becoming overwhelmed by the heat. >> very important to stay safe. some areas during this heatwave their nighttime lows with were hotter than their daytime average high temperatures. the entire day throughout the overnight hours they were looking at temperatures above average. it is incredible how massive and powerful this past heatwave was. fortunately, almost over for some folks. >> rick: a lot of people look to go into the water to find relief from this heat. you have to be safe. there's a search underway in western wisconsin after two boats collided. two people were killed in the crash. one from each boat. two men are still missing both in their 20s. one was arrested. another three sent to local hospitals. police say people onboard had gathered for an upcoming wedding. they are look
, it doesn't really move much and when you see that big ridge overhead, you see that ridge as far south as dallas, texas. we're also tracking some stormy weather, if you're driving from alabama to florida, you know what i'm talking about, these storms have popped up and they are intense over southwest georgia and they are intense in the baton rouge area, as well as new orleans. i know it's a great break from the heat, but these storms can be severe at times, watch out for heavy downpours as well as frequent lightning strikes. >> with this kind of heat, all the more reason to stay inside too. maybe catch a movie this weekend? a big hit this weekend, of course harry potter and the deathly hollows. already it has set one box office records and it may turn out to be the most popular harry potter movie of all. of all the previous harry potter movies, which brought in the most cash? was it harry potter and the sorcerer's stone, the goblet of fire or the order of the phoenix? for broccoli, say one. for toys, say two. toys ! the system can't process your response at this time. what ? please cal
. he also said a onesie a man supplied the socks. >> a step up from a tux t-shirt. >> yes, a big improvement, and >>> up next, it's a big morning in hollywood, and we'll show you why. >>> and a formal farewell for a former first lady. today her hometown says good-bye. we all have internal plumbing. but for some of us with overactive bladder, our pipes just don't work as well as they should. sometimes, i worry my pipes might leak. but i learned there's something more i can do. now, i take care with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with symptoms of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesicare may cause allergic reactions that may be serious. if you experience swelling of the face, lips, throat or tongue, stop taking vesicare and get emergency help. tell your doctor right away if you have severe abdominal pain, or become constipated for three or more days. vesicare may cause blurred vision, so use ca
. however there is disagreement over that point, big disagreement over that point. >> the other thing we'll be looking at is of course whether or not there will be issue with the credit rating. we'll talk about that. rebecca thanks. chris? >> thank you. >>> there is news of another arrest in the widening phone hacking scandal in britain. rupert murdoch is being pressured to appear before lawmakers in london and washington. dana lewis is in london good morning. >> reporter: good morning, we're hearing a ninth person has been arrested in the phone hacking scandal, the former executive editor of the "news of the world," but the late breaking news here this morning is the british government committee has just issued a summons for rupert and james murdoch to appear before them to answer questions about what they knew in the phone hacking scandal but legally there is a serious question over whether they can be compelled to appear. damage control in high gear rupert murdoch and son james in london trying to find a way to put out the fire. news corp shut out "nut of the
aware of because that is the big fear that if the u.s. goes past august to and as they get close without any deal or from work or options, that the markets which have been expecting them to reach a deal will start to teteeter. host: the increase of the debt limit and a reduction in conjunction with spending cuts and the second tier is the entitlement reform, correct? guest: that's correct. the second tier would be set up a process in congress whether it is committee for a certain date that congress has to act by through its normal process -- that is what they are talking about right bell. host: russell berman of of the hill. you can read his articles on thehill.com. thank you for being on the program. we want to consider -- continue our discussion. we will get back to this article by russell berman and you confided atthehill.com. let's go to our phones. caller: our you doing? host: what do you think about this two-tiered debt approach? caller: i think it is a tactic to get to the presidential election in 2012. i would like to know if the republicans are bent on destroying the new deal. w
that a big deal is hard to get. he seemed open to whatever republicans might be discussing up there on the hill. the president saying that if they have something that is a serious plan and they bring it to him, then he might be willing to move on it, even if it requires making some tough decision. the president was also asked about the so-called mcconnell plan which would raise the debt limit in three different increements through the end of 2012. here's what the president had to say about that. >> if washington operates as usual and can't get anything done, let's at least avert armageddon. >> reporter: so you avert armageddon because it takes care of problem number one, which is essentially raising the debt ceiling, but it doesn't take care of problem two, which is making any significant reductions in the deficit issue and the debt problem. so it does appear, at least based on what the president was saying, that he will at least be open to something that will prevent the u.s. from going into default and resulting in higher interest rates for all americans, which the president
dollars, subsidies for gas and big oil. the tax for 2% -- >> if i may point out -- >> that's taxpayer money being spend. the definition of spending has to be broadened here otherwise the rules of engagement for compromise -- >> if i may point out something, please. >> go ahead. >> with the passage of obama care, it was the democrats and the president that took $575 billion out of that program. now we have a program that is too expensive to afford. it is an imperative that we put the spending issue, and every economist, liberal or conservative, every ratings agency says what we have to see from the congress of the united states is a plan for how to deal with this out of control federal spending. >> ten seconds from you representative grualba. >> $575 billion part of the health plan, ryan took complete credit as a deficit reduction, i find it interesting. ryan's budget, every republican in the house it's $6 trillion added to the debt. >> we do not have that problem we have a spending problem. >> we see an example of what's going on in capitol hill, we'll be talking about this later on t
. >>> in minnesota the budget crisis i iso big the government is on the brink of simply shutting down. lawmakers had until midnight to strike a deal. they didn't. >> and that could mean that all the state parks will close. tete of thousands of workers will be laid off just before the holiday weekend. lawmakers have been in a six-month impasse over how to solve a $5 billion deficit. >>> in a first on the presidential campaign trail, congresswoman michele bachmann has revealed that she once suffered a miscarriage. >> bachmann is getting mostly high marks for making such a personal revelation on the painful topic. sharyn alfonsi has the details. >> reporter: it happened at a packed town hall meeting in south carolina. >> after our second child was born we became pregnant with a third baby. and it was an unexpected baby. but of course we were delighted to have this child. and the child was coming along. and we ended up losing that chilil >> reporter: the crowd stood still at attention. >> and it was devastating for both of us, as you can imagine. if any of you have lost a child. >> reporter: bachmann sa
 there is a big enough -- there is a big enough, you know, slow groundswell out there that it reacts with journalists. deeply younger and younger editors in charge with less and less background, with n controls around them. as long as the profits are coming in, it's a river of go >> i would agree with toby elliott because this is not the failure of the press completely. there is a culture, which allowed a sword at cheeky he to get completely out of control and brake or troll barn side of the law. >> the guardian others indeed have lots of other generous actually took seven years and not to expose her. so you know, do we get these? i would say they generally are good to read. >> i think it is important to say that we look at the certain part of the press suggest that the press. you have to look across the media. the media as a whole is fantastically mixed. we have lots and lots of forecast in print and online, phenomenal stuff. and if you look a
to jump-start the economy if it doesn't improve soon. that gave stocks a big boost. the dow gained almost 45 points while the nasdaq was up 15. >>> numbers released overnight show foreclosures fell nearly 30% in the first half of the year but that's not because of any actual improvement in the housing market. analysts say paperwork and procedural delays are pushing the process further and further back, an estimated 1 million foreclosures that should have taken place this year will now happen in 2012 or later. >>> chrysler is recalling its best selling vehicle, more than 240,000 ram pickup trucks from 2008 through 2011 are being recalled because of a steering problem, a part near the left wheel can fracture and cause loss of steering, a few minor crashes have been reported. chrysler will fix the problem free of charge. >>> and a solution may be brewing to the minnesota government shutdown. it's all about the beer, made by the miller coors brewing company. it may have be taken off store shelves because the company's sales licenses have expired and there are no state workers working who can
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